HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Bourses trade at day’s high levels in early afternoon session
Oct-06-2025

Indian markets traded at day’s high levels in early afternoon session led by gains in IT sector stocks. Traders preferred to buy healthy stocks ahead of Q2 earnings season. Investors overlooked the report that growth of India's services sector eased in September from the recent high in August, as new business and activity expanded at slower rates. The seasonally adjusted HSBC India Services PMI Business Activity Index fell to 60.9 in September, from a 15-year high of 62.9 in August, amid competitive conditions and cost-control measures. On the global front, Asian markets were trading mostly in green despite private sector in Hong Kong continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed with a PMI score of 50.4. That's down from 50.7 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

The BSE Sensex is currently trading at 81602.81, up by 395.64 points or 0.49% after trading in a range of 81155.88 and 81637.53. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.29%, while Small cap index was down by 0.19%.

The top gaining sectoral indices on the BSE were IT up by 1.39%, TECK up by 1.11%, Bankex up by 0.95%, Healthcare up by 0.61% and Oil & Gas was up by 0.10%, while Metal down by 0.97%, Utilities down by 0.72%, Power down by 0.55%, Consumer Durables down by 0.54% and FMCG was down by 0.42% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 2.68%, TCS up by 2.14%, Kotak Mahindra Bank up by 1.98%, Axis Bank up by 1.89% and Tech Mahindra up by 1.71%. On the flip side, Tata Steel down by 1.67%, NTPC down by 1.33%, Power Grid down by 1.31%, Adani Ports down by 1.25% and Tata Motors down by 1.22% were the top losers.

Meanwhile, rating agency Crisil in its latest report has said that a ‘structural shift’ in deposit composition due to a decline in fixed deposits (FDs) and lower share of current and savings accounts (CASA) balances poses challenges to banks over the medium to long term. This comes amid concerns in some quarters over the increased preference for capital market investments by households looking for higher yields, while others believe the shift is representative of the maturing profile of the system.  

The report said two key trends, a decline in household contribution to term deposits and a lower Casa ratio, indicate a structural shift in deposit composition. And these may pose challenges to deposit stability and impact funding costs over the medium to long term, particularly during periods of tight liquidity. It said housheholds accounted for 60 per cent of the deposit base in March 2025 as against 64 per cent in March 2020, and added that besides growth in deposits, composition of the base is also very important for banks because it influences the stability and costs. 

The agency also expects a further decline in household contributions going ahead. It said similarly, the low-cost Casa deposits have been on a declining trajectory, with the ratio falling to 36 per cent in June 2025 from a 25-year high of 42 per cent in March 2022. It is the savings deposits which has suffered and current account balances have been range bound. It added that the recent reductions in savings interest rates by banks will only exacerbate this trend. 

The CNX Nifty is currently trading at 25010.65, up by 116.40 points or 0.47% after trading in a range of 24881.65 and 25016.55. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Max Healthcare Inst up by 4.90%, Shriram Finance up by 3.82%, Bajaj Finance up by 2.73%, Apollo Hospital up by 2.53% and Kotak Mahindra Bank up by 2.10%. On the flip side, Tata Steel down by 1.75%, Power Grid down by 1.42%, Adani Ports down by 1.35%, NTPC down by 1.23% and Tata Motors down by 1.21% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 2235.5 points or 4.66% to 48,005.00, Jakarta Composite gained 21.32 points or 0.26% to 8,139.62 and Straits Times was up by 5.63 points or 0.13% to 4,417.58. On the flip side, Hang Seng was down by 162.92 points or 0.6% to 26,978.00.
  RELATED NEWS >>
Most Viewed >>
September 30 , 2025
Hybrid funds shine as equity schemes struggle
October 01 , 2025
RBI retains call rate as policy anchor in liqu
October 01 , 2025
Power stocks may rebound on demand recovery, a
September 29 , 2025
Mid- and small-cap flows robust despite weak m
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.